IEC 31010:2019-Risk management — Risk assessment techniques

IEC 31010:2019 provides guidelines and a framework for the use of risk assessment techniques in the management of risks faced by organizations.

The standard defines risk assessment as “the overall process of risk identification, risk analysis and risk evaluation.” It provides a comprehensive set of techniques for each of these steps, along with guidance on how to choose the appropriate technique based on the specific context and characteristics of the risk being assessed.